China's Speculative Trading Linked to Gold Market Volatility
Originally: How China's 'unruly' speculators might be fueling the frenzy in gold market
Chinese gold-backed ETF holdings have more than doubled since early 2025, with analysts attributing recent gold price volatility to speculative trading by Chinese investors. U.S. Treasury Secretary Scott Bessent noted that increased trading activity, including futures and ETFs, has led to significant price swings, prompting regulators to raise margin requirements. Amid falling housing prices and low deposit rates, gold is becoming a popular investment alternative for Chinese citizens, potentially indicating a speculative bubble.
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